Home New Look 2015 Italian fashion firm Moncler’s revenues soar 16% in Q1 FY24

Italian fashion firm Moncler’s revenues soar 16% in Q1 FY24

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Moncler Group reported a 16 per cent increase in Q1 FY24 revenues, reaching €818 million (~$877 million), with significant growth in the Moncler brand itself.
Moncler’s revenues soared by 20 per cent, supported by a 26 per cent rise in direct-to-consumer sales, although wholesale saw a 5 per cent decline.
Stone Island experienced a 5 per cent revenue drop.Moncler Group reported a 16 per cent increase in Q1 FY24 revenues, reaching €818 million (~$877 million), with significant growth in the Moncler brand itself.
Moncler’s revenues soared by 20 per cent, supported by a 26 per cent rise in direct-to-consumer sales, although wholesale saw a 5 per cent decline.
Stone Island experienced a 5 per cent revenue drop.